Segall Bryant & Hamill LLC Has $26.25 Million Stock Holdings in Hub Group, Inc. (NASDAQ:HUBG)

Segall Bryant & Hamill LLC raised its position in Hub Group, Inc. (NASDAQ:HUBG - Free Report) by 60.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 589,141 shares of the transportation company's stock after acquiring an additional 222,405 shares during the period. Segall Bryant & Hamill LLC owned about 0.96% of Hub Group worth $26,252,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in Hub Group during the third quarter valued at approximately $481,000. Barclays PLC lifted its holdings in Hub Group by 199.6% during the 3rd quarter. Barclays PLC now owns 117,774 shares of the transportation company's stock valued at $5,354,000 after purchasing an additional 78,467 shares during the last quarter. State Street Corp grew its stake in Hub Group by 0.8% during the third quarter. State Street Corp now owns 2,489,503 shares of the transportation company's stock worth $113,148,000 after buying an additional 20,215 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of Hub Group by 16.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 9,511 shares of the transportation company's stock valued at $424,000 after acquiring an additional 1,368 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Hub Group by 14.6% in the 4th quarter. Bank of New York Mellon Corp now owns 577,940 shares of the transportation company's stock worth $25,753,000 after acquiring an additional 73,712 shares in the last quarter. Institutional investors own 46.77% of the company's stock.

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Hub Group Trading Down 2.4 %

HUBG stock traded down $0.90 during midday trading on Friday, hitting $37.13. 369,040 shares of the company's stock were exchanged, compared to its average volume of 502,564. Hub Group, Inc. has a one year low of $36.04 and a one year high of $53.21. The stock's fifty day moving average price is $41.22 and its 200-day moving average price is $44.44. The company has a market cap of $2.28 billion, a PE ratio of 21.84 and a beta of 0.93. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.30 and a current ratio of 1.33.

Hub Group (NASDAQ:HUBG - Get Free Report) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.48. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. Research analysts predict that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio is 29.41%.

Wall Street Analyst Weigh In

HUBG has been the subject of several research analyst reports. Barclays cut their price objective on Hub Group from $52.00 to $50.00 and set an "equal weight" rating for the company in a research report on Monday, February 10th. Susquehanna decreased their price target on shares of Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft started coverage on Hub Group in a report on Friday, March 7th. They set a "hold" rating and a $41.00 price objective on the stock. Benchmark lifted their price objective on Hub Group from $47.00 to $49.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Finally, Stifel Nicolaus lifted their price target on shares of Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Hub Group currently has an average rating of "Hold" and an average price target of $47.18.

About Hub Group

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.